Why is Bhilwara Spinner falling/rising?

As of 20-Oct, Bhilwara Spinners Ltd is currently priced at 115.35, reflecting an increase of 1.35 or 1.18%. The stock has shown a positive movement recently, gaining for the last two days and achieving a total return of 7% during this period. However, it opened the day with a loss of 2.63% and touched an intraday low of Rs 111. Despite this, the stock has outperformed its sector by 1.32%. Over the past week, the stock has declined by 1.70%, and year-to-date, it has fallen by 22.58%. Notably, there has been a significant drop in investor participation, with delivery volume decreasing by 41.75% compared to the five-day average, indicating a potential lack of confidence among investors.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 2.47% over the past week, Bhilwara Spinners' performance has lagged, reflecting a broader trend where the stock has underperformed against the market in the short term. While the stock has shown impressive long-term gains of 207.60% over three years and 903.04% over five years, its recent performance has been disappointing, particularly in the context of the overall market's positive trajectory. The current liquidity of the stock remains adequate for trading, but the falling delivery volumes suggest caution among investors, which could further impact its price movements in the near term.